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Ipswich House Prices Ipswich House Prices

The average house price in Ipswich is £249,396 using HM Land Registry data.

The average property price increased by £61,403 (27.47%) over the last 5 years and increased by £12,272 (4.5%) over the last 12 months.

Over the last year, there were 1,404 residential property sales – a decrease of 715 transactions (-50.93%) relative to the previous year. The majority of house sales (364) were in the £196,000 - £252,000 range. Then came properties in the £252,000 - £308,000 range, where 305 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,412 (-2%).

In April 2024, there were 360 new estate agency instructions, 205 agreed home sales and 212 property price reductions.

Neighbouring Areas: Kesgrave

Postcodes Covered: IP1, IP10, IP2, IP3, IP4, IP5, IP8

5-Year Average Property Prices in Ipswich

27.47%

Property prices in Ipswich increased by 27.47% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Ipswich Over the Last Year

4.5%

Property prices in Ipswich increased by 4.5% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Ipswich - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Ipswich

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Ipswich

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Ipswich

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Ipswich since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Ipswich area since 1995.

Recent Property Sales in Ipswich

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
101 Bixley Road, Ipswich, Suffolk, IP3 8NP£350,000£340,000-£10,00024 Oct 202318 Mar 2024146 Days
74 Camden Road, Ipswich, Suffolk, IP3 8JN£220,000£215,000-£5,00025 Sep 202308 Mar 2024165 Days
9 Collinsons, Ipswich, Suffolk, IP2 0DS£470,000£460,000-£10,00031 Jul 202308 Mar 2024221 Days
53 Woodrush Road, Purdis Farm, Ipswich, Suffolk, IP3 8RB£360,000£356,000-£4,00009 Oct 202304 Mar 2024147 Days
241 Heath Road, Ipswich, Suffolk, IP4 5ST£300,000£295,000-£5,00029 Aug 202309 Feb 2024164 Days
84 Freehold Road, Ipswich, Suffolk, IP4 5HY£195,000£188,000-£7,00030 Sep 202309 Feb 2024132 Days
73 Gleneagles Drive, Ipswich, Suffolk, IP4 5SF£275,000£265,000-£10,00003 Oct 202309 Feb 2024129 Days
2 Harrier Close, Ipswich, Suffolk, IP3 9TF£260,000£260,000£0007 Nov 202308 Feb 202493 Days
42 Dale Hall Lane, Ipswich, Suffolk, IP1 3RY£450,000£400,000-£50,00017 Jul 202307 Feb 2024205 Days
60 Rosebery Road, Ipswich, Suffolk, IP4 1PS£200,000£195,000-£5,00013 Oct 202306 Feb 2024116 Days
25 Manchester Road, Ipswich, Suffolk, IP2 9PS£220,000£215,000-£5,00016 Oct 202305 Feb 2024112 Days
6 Leicester Close, Ipswich, Suffolk, IP2 9EX£250,000£235,000-£15,00001 Sep 202305 Feb 2024157 Days
30 Levington Road, Ipswich, Suffolk, IP3 0NJ£237,500£232,500-£5,00028 Sep 202302 Feb 2024127 Days
50 Churchill Avenue, Ipswich, Suffolk, IP4 5DS£250,000£232,000-£18,00015 Sep 202301 Feb 2024139 Days
6 Maybury Road, Ipswich, Suffolk, IP3 9NW£230,000£215,000-£15,00017 Oct 202301 Feb 2024107 Days
246 Wherstead Road, Ipswich, Suffolk, IP2 8LE£225,000£225,000£0022 Aug 202301 Feb 2024163 Days
6 Brockley Crescent, Ipswich, Suffolk, IP1 5HT£325,000£310,000-£15,00023 Jan 202301 Feb 2024374 Days
44 Kerry Avenue, Ipswich, Suffolk, IP1 5LF£245,000£240,000-£5,00023 Oct 202301 Feb 2024101 Days
50 Byron Road, Ipswich, Suffolk, IP1 6JG£260,000£255,000-£5,00025 Aug 202331 Jan 2024159 Days
15 Cardigan Street, Ipswich, Suffolk, IP1 3PF£260,000£240,000-£20,00001 Aug 202330 Jan 2024182 Days

Most Expensive Streets in Ipswich

PostcodeStreetAreaAverageNo. of Sales
IP3 8TYBucklesham RoadIpswich£885,8333
IP1 3TUPark GateIpswich£881,2504
IP1 3RPPaget RoadIpswich£879,0003
IP10 0FNThe HolliesStraight Road£871,6653
IP4 2UUWesterfield RoadIpswich£851,2504
IP3 8UJPurdis PlaceIpswich£840,0004
IP1 6TBHenley RoadIpswich£828,3333
IP4 2UJWesterfield RoadIpswich£824,4064
IP1 3QRBroughton RoadIpswich£755,0004
IP4 3LTRushmere RoadIpswich£746,6663

Least Expensive Streets in Ipswich

PostcodeStreetAreaAverageNo. of Sales
IP2 8ARLonsdaleBelstead Road£55,0006
IP4 2DLChristchurch StreetIpswich£57,0003
IP1 1LSFranciscan WayIpswich£61,1254
IP4 4HNSycamore HouseOakstead Close£65,54112
IP2 0UJThe SpectrumDunlop Road£67,2504
IP3 8AAFore HamletIpswich£70,8333
IP1 2QXNorwich RoadIpswich£71,68025
IP1 3NFSt Georges StreetIpswich£75,3333
IP4 2DBTudor PlaceIpswich£83,3333
IP1 2JBClarkson StreetIpswich£84,5003

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